October 2008
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The Wisconsin Innovation Network (WIN) eNewsletter is a periodical of news, events and programs that focuses on the needs and challenges faced by new and growing technology-based businesses in Wisconsin. WIN has chapters in the western Wisconsin, the Lake Superior Region, Madison, Milwaukee and Northeast and Central Wisconsin.

More than 50 emerging companies apply to present at the Early Stage Symposium
 
Sprint ahead in the race for private equity! Nov. 5-6

MADISON - Fifty-seven early stage companies applied for one of two chances to present to potential investors at the Wisconsin Early Stage Symposium, to be held Nov. 5-6 at Madison's Monona Terrace Community and Convention Center.

The annual conference, which has existed under different names for more than 20 years, will feature the fourth annual "Elevator Pitch Olympics" for companies in a seed financing stage and the second annual Wisconsin Angel Network Early Stage presentation track for companies seeking angel investments beginning in the $500,000 range. About three-dozen companies will be selected to present in one track or the other.


Virent Energy Systems: Recent company news tees up Apfelbach speech
 

Eric Apfelbach, CEO of Virent Energy Systems, will speak at the Nov. 5th SBIR awards dinner at the Tech Council's annual Early Stage Symposium. Click here to read a collection of recent news on exciting developments within the green gasoline company.


Tech Council releases report on private equity investment in Wisconsin
 
The Wisconsin Portfolio

The Tech Council has published 'The Wisconsin Portfolio,' a 16-page magazine describing the private equity investment landscape in Wisconsin. The publication, which tracks recent trends and includes valuable information on angel investing, venture capital investments and more, is available at the Tech Council website. Printed copies are available for $6 each by contacting Gina Leahy.


Tech Council Activity Update
 
Floating WTC logo

* The I-Q Corridor brand continues to gain traction. Organizations, institutions and businesses throughout Minnesota, Wisconsin and Illinois have adopted this Upper Midwest brand and are using it to promote our region. The Tech Council invites you to visit our site and do the same.

* The Tech Council's Tom Still will attend a National Governors Association "best practices" seminar in Denver, Oct. 20-21, to discuss the Wisconsin Angel Network.

* The Tech Council is working with the UW-Madison Department of Life Sciences Communication on turning its expertise in public opinion into a center that could provide survey data and perspectives to businesses and institutions on emerging fields such as biofuels, nanotechnology and stem cell research. If established, the proposed Center for Public Opinion and Technology would be nationally groundbreaking.

* On Oct. 13-14, the Tech Council Board of Directors will visit the Marshfield Clinic. Contributors to July's Board of Directors meeting were CenturyTel, Flanagan Financial, Functional Bioscience, and the 7 Rivers Region Alliance. The Tech Council's Board of Directors is comprised of 47 leaders from tech companies, venture capital firms, all levels of education, research institutions, government and law. Interested in hosting/sponsoring a meeting contact Ryann Petit-Frere.

* The Tech Council is providing input to state policymakers as they consider workforce development strategies. Still is co-chairman of the state Department of Public Instruction's "Next Generation Assessment Task Force," and will facilitate an upcoming discussion of the PK-16 Collaboration Council's discussion on higher education readiness.

* The Wisconsin Security Research Consortium's annual Resource Rendezvous drew more than 75 public and private researchers from academia and industry. Speakers included Sen. Russ Decker, D-Weston; Donald Tighe, In-Q-Tel; Mike Smith, Department of Homeland Security; and David Busigo, Defense Advanced Research Projects Agency. The event attracted attendees from Wisconsin and Minnesota.

* The 2008-09 Tech Council white paper series focuses on human capital, workforce development and technology development issues. The policy recommendations are submitted to the Governor and the Legislature every even year.

* Wisconsin was represented at the Oct. 2
NCET2 conference in Washington, D.C., which focused on early-stage investing in university-based start-ups. Wisconsin Department of Financial Institutions Secretary Lorrie Keating Heinemann, investors Basil Mundy and Bob Wood, and the Tech Council's Tom Still presented on Wisconsin's angel investing experience.

* She got hitched! Liz Katz is now Liz Schrum. Congratulations!


Did you know?
 
Fast facts about Wisconsin's high-tech economy

News about Wisconsin in mid-2008 from 'The Wisconsin Portfolio,' produced by the Wisconsin Technology Council and its partners:

  • In July, the State of Wisconsin Investment Board issued its first-ever white paper on Wisconsin's private equity landscape and concluded the state "is closer than ever to forming the critical mass necessary" to grow its venture capital culture.
  • In late June, a report on private equity financing in Wisconsin showed totally early stage investments reached $146.9 million in 2007, up 43 percent from 2006.


WIN eNewsletter Reader Poll
 
reader poll

Reader Poll is the newest feature of the WIN eNewsletter! Share your thoughts by voting and view the responses of others.

Reader Poll question of the month:

Wisconsin manufacturing owners, CEOs or senior-level executives are invited to take part in the Next Generation Manufacturing Survey, which is being conducted by the Wisconsin Manufacturing Extension Partnership and its partners.

Please visit www.WisconsinNGM.com.

The survey will identify and measure key performance metrics and best-practice strategies. It includes questions on innovation, global engagement, sustainability, supply chain management and collaboration, process improvement and talent acquisition and retention.

Last month we asked readers to participate in the 2008 Entrepreneurs Conference Survey. Here are some comments from respondents:


-From start to finish, all around well done. Very informative and great networking.
-It was very informative, and an excellent platform for entrepreneurs to meet investors.
-Enjoyed conference, networking opportunities. Would like to see more panels on sales and marketing.


Events and Opportunities
 

Localization World Madison, October 13-15, Madison

SSTI 12th Annual Conference, October 14-16, Cleveland

World Food Challenge: Role of Technology in Food Production
October 15, Madison

Innovation 2008, October 20-21, University of Minnesota

5th Annual sySTEM Now! Conference, October 21,
Marquette University, Milwaukee

WI Biotech & Med Device Assn. Annual Conference, October 22, Waukesha, WI

WBIA Fall WEDA conference, October 27, Wisconsin Dells

2008 Tekne Awards, October 30, Minneapolis Convention Center

Conference on Sustainable Real Estate Development
October 30, Madison, WI

Wisconsin Early Stage Symposium, November 5-6, Madison

Innovation Master Class, November 11, Madison

Pantheon Ceremony 2008, November 13, San Francisco, CA

Global Entrepreneurship Week, November 17-23

E3 2008 Premier Energy, Economic & Environmental Conference, November 18, St. Paul, MN

Pre-Clinical 101, November 19, St. Louis Park, MN

Global Business Incubation Day, December 8

SPONSOR YOUR NEXT REGIONAL WIN MEETING! WIN has six chapters across Wisconsin. Click here or contact WIN director, Liz Schrum(formerly Katz), to learn more!


Get WIN-volved! Membership has its privileges
 
WIN logo

Joining your local Wisconsin Innovation Network (WIN) Chapter offers networking connections with a variety of industries and professionals in high tech, law, banking, government, public relations, manufacturing, and local entrepreneurs.

Welcome to these new WIN members:
Lynn Allen-Hoffman, Stratatech Corporation
Jeff Clark, Track Cost
Phillip Crawford, 3x5 Software, LLC
Stephen Dinehart
David Dunaway, My Payment Network
Patrick James, Tesla Laboratories
Mike Spude, Comprehensive Computer Consulting
Jeff Vercauteren, Cullen, Weston, Pines & Bach LLP
Cheryl Vickroy, Bachner Vickroy Group
Gregory Vivirito, The Skye Club
Robert Young, Paradigm Sensors
Halleland Health Consulting

Click here to join your local WIN Chapter or to learn more about us.



Dear Reader,

Thank you for your interest in growing Wisconsin's high-tech economy. It is in large part because of our state's quality 'human capital' that Wisconsin is emerging as one of the premier high- tech markets in the country. I invite you to share your ideas for news and events with us by emailing us at news@wisconsintechnologycouncil.com.

Sincerely,


Tom Still, president
Wisconsin Innovation Network / Wisconsin Technology Council

Phone: (608) 442-7557
Fax: (608) 231-6877